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Assignment:
Superior Products Manufacturer Limited (SPML) manufactures industrial products that go through
three processing departments – molding, assembling and finishing. The information pertains to the
operations of the molding department for May, 20X3 is as follows:
Units started in molding department 18,200
Cost incurred in molding department: Rs.
Direct material 210,000
Direct labor 077,000
Factory overhead 038,500
14,000 units were completed and transferred to the assembling department during the month of May.
There were 3,500 units as to still-in-process (completed up to 100% material and 50% conversion cost).
700 units were lost during processing and it was treated as normal loss.
Following is the information pertaining to the operations of the assembling department:
11,000 units were completed and transferred to the finishing department. 2,200 units were in process
and completed up to 100% material and 70% conversion cost. Cost incurred in the department is as
follows:
Rs.
Direct material 2,200
Direct labor 45,000
Factory overhead 33,000
During final inspection at the end of the process, it was discovered that 800 units were lost owing to
unavoidable spoilage.
9,000 units were completed in the finishing department and transferred to the store room. 1,500 units
were still in process (converted 30%) and 500 units were lost which were 70% converted but not
charged for any direct material. This loss is to treat as abnormal loss. Cost incurred in finishing
department is:
Rs.
Direct labor 52,000
Factory overhead 41,000
Required: Prepare following schedules for all three departments by using the above information:
a) Quantity Schedule (3 Marks)
b) A schedule of cost to be charged by each department (7 Marks)
c) A schedule of total cost accounted for (7 Marks)
d) A schedule of equivalent production (6 Marks)
e) Cost per unit in each department (3 Marks)
f) Working for normal and abnormal loss (4 Marks)

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Replies to This Discussion

my ans r

 Total cost to be accounted for                                               391983                36.670139

Cost from proceeding department                                         298983.79        27.180344

can u please help me in this assign ? i need solution 

mano mera

                                        388775      36.3783

Cost from preceding department:                             295775      26.8886

 mano rano bilkul thek hyn ye ans

arsalan ap k b yahe ans hain??

rubina mujhy mano ka theak ni lg raha. q k inho ny lost units ki cost ko b transfer kia hai jb k lost units to during processing lost ho gaye thy wo kesy transfer ho skty hain?

Chaudhary Nabeel assgmnt paro
unit loss at the end hai

Rubina g, menu v assignment solution send kr deyoooo... :) :)

bhai main ne three department ko seperate solve kar diya hai abh kia karoooooooo

bs to ho gai assignment?

abnormal loss ka kia treatment kia hai?

hmmm lets c kis ka ans theek hy...bt em pet sure wd my answers....

tc 

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